10-Q Filing

MP MATERIALS CORP. / DE CIK: 1801368 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001801368-23-000029`
Period End Date	20230630
Filing Date	20230804
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	mp-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 72 Cash Flow Statement 79 Stockholders Equity 28 Comprehensive Income 12

Balance Sheet 94 line items

Line Item	Tag	Value	Unit	Period
Allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	-	USD	Point-in-time
Allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	-	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$927.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$664.46M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$136.63M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$200.83M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$1.05B	USD	Point-in-time
Preferred shares, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total cash, cash equivalents and short-term investments	`CashCashEquivalentsAndShortTermInvestments`	$1.18B	USD	Point-in-time
Total cash, cash equivalents and short-term investments	`CashCashEquivalentsAndShortTermInvestments`	$1.13B	USD	Point-in-time
Preferred shares, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable (including related party), net of allowance for credit losses of $0 and $0, respectively	`AccountsReceivableNetCurrent`	$11.11M	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable (including related party), net of allowance for credit losses of $0 and $0, respectively	`AccountsReceivableNetCurrent`	$32.86M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Inventories	`InventoryNet`	$57.55M	USD	Point-in-time
Inventories	`InventoryNet`	$67.78M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$2.20M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	177.63M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	177.71M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$4.13M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	177.63M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	177.71M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$12.79M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$18.87M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.22B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.29B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$935.74M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.04B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$10.30M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$10.13M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$99.00K	USD	Point-in-time
Non-current inventories	`InventoryNoncurrent`	$5.74M	USD	Point-in-time
Non-current inventories	`InventoryNoncurrent`	$7.41M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$3.19M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$2.37M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$943.96M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$1.07B	USD	Point-in-time
Total assets	`Assets`	$2.29B	USD	Point-in-time
Total assets	`Assets`	$2.24B	USD	Point-in-time
Accounts payable, construction payables and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$72.27M	USD	Point-in-time
Accounts payable, construction payables and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$71.66M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$21.16M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	-	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$309.00K	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$84.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$3.80M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$3.97M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$75.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$97.48M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$5.41M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$5.29M	USD	Point-in-time
Environmental obligations	`AccruedEnvironmentalLossContingenciesNoncurrent`	$16.56M	USD	Point-in-time
Environmental obligations	`AccruedEnvironmentalLossContingenciesNoncurrent`	$16.58M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$680.21M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$678.44M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$7.05M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$15.00K	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$122.35M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$135.59M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$3.92M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$4.99M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$827.67M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$848.74M	USD	Point-in-time
Total liabilities	`Liabilities`	$924.51M	USD	Point-in-time
Total liabilities	`Liabilities`	$925.15M	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock ($0.0001 par value, 50,000,000 shares authorized, none issued and outstanding in either period)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock ($0.0001 par value, 50,000,000 shares authorized, none issued and outstanding in either period)	`PreferredStockValue`	-	USD	Point-in-time
Common stock ($0.0001 par value, 450,000,000 shares authorized, 177,626,668 and 177,706,608 shares issued and outstanding, as of June 30, 2023, and December 31, 2022, respectively)	`CommonStockValue`	$18.00K	USD	Point-in-time
Common stock ($0.0001 par value, 450,000,000 shares authorized, 177,626,668 and 177,706,608 shares issued and outstanding, as of June 30, 2023, and December 31, 2022, respectively)	`CommonStockValue`	$17.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$951.01M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$958.82M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$361.42M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$406.26M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-166.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$189.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.09B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.01B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.36B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.31B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.35B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.17B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.24B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.29B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$159.72M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$64.02M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$143.56M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$309.82M	USD	2 Qtrs
Cost of sales (including related party)(excluding depreciation, depletion and amortization)	`CostOfRevenueExcludingDepreciationDepletionAndAmortization`	$46.92M	USD	2 Qtrs
Cost of sales (including related party)(excluding depreciation, depletion and amortization)	`CostOfRevenueExcludingDepreciationDepletionAndAmortization`	$22.09M	USD	1 Quarter
Cost of sales (including related party)(excluding depreciation, depletion and amortization)	`CostOfRevenueExcludingDepreciationDepletionAndAmortization`	$22.70M	USD	1 Quarter
Cost of sales (including related party)(excluding depreciation, depletion and amortization)	`CostOfRevenueExcludingDepreciationDepletionAndAmortization`	$45.27M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$18.86M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$38.27M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$38.43M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$18.12M	USD	1 Quarter
Advanced projects, start-up, development and other	`AdvancedProjectsStartUpDevelopmentAndOtherExpense`	$15.50M	USD	2 Qtrs
Advanced projects, start-up, development and other	`AdvancedProjectsStartUpDevelopmentAndOtherExpense`	$3.59M	USD	2 Qtrs
Advanced projects, start-up, development and other	`AdvancedProjectsStartUpDevelopmentAndOtherExpense`	$7.22M	USD	1 Quarter
Advanced projects, start-up, development and other	`AdvancedProjectsStartUpDevelopmentAndOtherExpense`	$1.77M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$5.41M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$10.67M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$12.20M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$20.32M	USD	2 Qtrs
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$227.00K	USD	1 Quarter
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$419.00K	USD	1 Quarter
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$837.00K	USD	2 Qtrs
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$454.00K	USD	2 Qtrs
Loss on sale or disposal of long-lived assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$-258.00K	USD	2 Qtrs
Loss on sale or disposal of long-lived assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.00K	USD	1 Quarter
Loss on sale or disposal of long-lived assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$-4.81M	USD	2 Qtrs
Loss on sale or disposal of long-lived assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$-2.32M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$126.28M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$63.54M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$47.81M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$99.04M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$33.45M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$483.00K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$95.75M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$210.78M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-2.75M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-3.23M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-1.33M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-1.39M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.41M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$2.21M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$13.82M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$27.51M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$12.91M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$96.64M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$58.21M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$209.95M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$23.37M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$51.13M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$13.37M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$5.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.39M	USD	1 Quarter
Net income	`NetIncomeLoss`	$158.82M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$73.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$44.84M	USD	2 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$0.25	USD	2 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$0.90	USD	2 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.38	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.24	USD	2 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.83	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	176.44M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	176.98M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	176.93M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	176.53M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	177.86M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	193.53M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	193.41M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	193.45M	shares	2 Qtrs

Cash Flow Statement 79 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$7.39M	USD	1 Quarter
Net income	`NetIncomeLoss`	$158.82M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$73.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$44.84M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$5.41M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$10.67M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$12.20M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$20.32M	USD	2 Qtrs
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$227.00K	USD	1 Quarter
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$419.00K	USD	1 Quarter
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$837.00K	USD	2 Qtrs
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$454.00K	USD	2 Qtrs
Accretion of discount on short-term investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$13.93M	USD	2 Qtrs
Accretion of discount on short-term investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.01M	USD	2 Qtrs
Loss on sale or disposal of long-lived assets, net	`GainLossOnDispositionOfAssets1`	$-258.00K	USD	2 Qtrs
Loss on sale or disposal of long-lived assets, net	`GainLossOnDispositionOfAssets1`	$-103.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$12.74M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$17.21M	USD	2 Qtrs
Accretion of debt discount and amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.77M	USD	2 Qtrs
Accretion of debt discount and amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$2.27M	USD	2 Qtrs
Revenue recognized in exchange for debt principal reduction	`ContractWithCustomerLiabilityRelatedPartiesRevenueRecognizedForDebtPrincipalReduction`	-	USD	2 Qtrs
Revenue recognized in exchange for debt principal reduction	`ContractWithCustomerLiabilityRelatedPartiesRevenueRecognizedForDebtPrincipalReduction`	$13.57M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-42.11M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-13.36M	USD	2 Qtrs
Accounts receivable (including related party)	`IncreaseDecreaseInAccountsReceivable`	$-18.26M	USD	2 Qtrs
Accounts receivable (including related party)	`IncreaseDecreaseInAccountsReceivable`	$-21.75M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$3.55M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$11.41M	USD	2 Qtrs
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$4.27M	USD	2 Qtrs
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$1.93M	USD	2 Qtrs
Prepaid expenses, other current and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.41M	USD	2 Qtrs
Prepaid expenses, other current and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.44M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$252.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-5.48M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-3.46M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-21.16M	USD	2 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-292.00K	USD	2 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-675.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$65.46M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$219.86M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$130.24M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$122.58M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$599.20M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$320.88M	USD	2 Qtrs
Proceeds from sales of short-term investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$447.33M	USD	2 Qtrs
Proceeds from sales of short-term investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$731.91M	USD	2 Qtrs
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	-	USD	2 Qtrs
Proceeds from government awards used for construction	`ProceedsFromGovernmentReimbursementsForPropertyPlantAndEquipment`	-	USD	2 Qtrs
Proceeds from government awards used for construction	`ProceedsFromGovernmentReimbursementsForPropertyPlantAndEquipment`	$5.13M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-716.65M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$728.11M	USD	2 Qtrs
Principal payments on debt obligations and finance leases	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$4.49M	USD	2 Qtrs
Principal payments on debt obligations and finance leases	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.47M	USD	2 Qtrs
Tax withholding on stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.13M	USD	2 Qtrs
Tax withholding on stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$14.30M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.60M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-18.78M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$785.97M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-515.57M	USD	2 Qtrs
Cash, cash equivalents and restricted cash beginning balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$929.48M	USD	Point-in-time
Cash, cash equivalents and restricted cash beginning balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$143.51M	USD	Point-in-time
Cash, cash equivalents and restricted cash beginning balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$665.59M	USD	Point-in-time
Cash, cash equivalents and restricted cash beginning balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.18B	USD	Point-in-time
Cash, cash equivalents and restricted cash ending balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$929.48M	USD	Point-in-time
Cash, cash equivalents and restricted cash ending balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$143.51M	USD	Point-in-time
Cash, cash equivalents and restricted cash ending balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$665.59M	USD	Point-in-time
Cash, cash equivalents and restricted cash ending balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.18B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$927.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$664.46M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$136.63M	USD	Point-in-time
Restricted cash, current	`RestrictedCashCurrent`	$1.89M	USD	Point-in-time
Restricted cash, current	`RestrictedCashCurrent`	$600.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$350.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$529.00K	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$929.48M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$143.51M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$665.59M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.18B	USD	Point-in-time

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$1.09B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.36B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.31B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.35B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.17B	USD	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.94M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.90M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.72M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.18M	USD	1 Quarter
Shares used to settle payroll tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$156.00K	USD	1 Quarter
Shares used to settle payroll tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$202.00K	USD	1 Quarter
Shares used to settle payroll tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$14.30M	USD	2 Qtrs
Shares used to settle payroll tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.13M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$7.39M	USD	1 Quarter
Net income	`NetIncomeLoss`	$158.82M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$73.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$44.84M	USD	2 Qtrs
Unrealized losses on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-297.00K	USD	1 Quarter
Unrealized losses on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-416.00K	USD	1 Quarter
Unrealized losses on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-355.00K	USD	2 Qtrs
Unrealized losses on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-416.00K	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$1.09B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.36B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.31B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.35B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.17B	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$7.39M	USD	1 Quarter
Net income	`NetIncomeLoss`	$158.82M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$73.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$44.84M	USD	2 Qtrs
Change in net unrealized losses on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-297.00K	USD	1 Quarter
Change in net unrealized losses on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-416.00K	USD	1 Quarter
Change in net unrealized losses on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-355.00K	USD	2 Qtrs
Change in net unrealized losses on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-416.00K	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$72.85M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$44.49M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$7.10M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$158.40M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.